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BitCanna

ICO

BitCanna is a decentralized Payment network, Supply chain and Trust network for the legal cannabis industry.

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Overview

Project industryFinance Services & Banking
Product typeService
FoundedNetherlands
WhitepaperBitCanna White Paper Open

What is BitCanna

The global cannabis industry has been inhibited by regulatory restrictions for most of recent history, but the legal market has emerged rapidly as more governments legalize medical and recreational use. In Europe, using/selling small amounts of cannabis is not legal but tolerated in Spain, The Netherlands, and Switzerland.

Due to the ‘shady’ image of the business, most banks, credit card companies, and payment providers won’t handle the money generated by the cannabis industry, even in places where it is completely legal. This leads to inefficient solutions such as cash transactions, which only add to the shady image of the industry.

To address this problem, BitCanna will provide a decentralized payment network for the legal cannabis industry, by means of the BitCanna Coin (BCNA). Customers can use the BCNA to make purchases in both online and brick & mortar dispensaries, solving the current payment problems for the industry.

There are already some cannabis-focused coins available on the global marketplace. BitCanna however, is unique in their strategy to get the cannabis industry out of the shade:

  • BitCanna has the intention to solve the current paradox in the market. By implementing supply chain management and identity control functionality, BitCanna aides legislators in creating a healthy and transparent cannabis market.
  • Mass adoption is the main challenge facing the cannabis coins currently being offered in the market — a challenge that will be much easier for BitCanna to overcome. The organization behind BitCanna already has a network in place of over 10 million unique visitors per month and hundreds of partner organizations (cannabis purchase points, both online and offline, and cannabis-related media channels). Mobilizing, enabling and incentivizing this network will lead to the fast adoption of BCNA.

    • Details

    Pre-sales: Oct 31, 2018 - Nov 14, 2018
    Public sales: Nov 15, 2018 - Jun 30, 2019
    Token supply: 252,000,000 BCNA
    Soft cap: 3,000,000 USD
    Hard cap: 20,000,000 USD
    Raised: 16,000,000 USD

    Legal

    Blockchain Platform: Own
    Country limitations: Canada, DPRK, Ethiopia, Iran, Iraq, Serbia, Sri Lanka, Syria, Trinidad and Tobago, Tunisia, United States of America, Vanuatu, Yemen
    Office address: 75 Abate Rigord Street Quantum House Level G (office 1/1129) Ta’ Xbiex XBX1120, Malta

    Token info

    Ticker: BCNA
    Type: Utility-token
    Token price in USD: 1 BCNA = 0.12 USD
    Accepted currencies: BTC, ETH, LTC, BCH, DASH, Fiat
    Token distribution:
    60% - allocated to the ICO
    15% - locked for the team, founders, and advisor
    15% - reserved for future business development & market expansion
    10% - reserved for the marketing campaign
    Funds allocation:
    40% - product development
    30% - communication and marketing
    20% - unexpected operational costs
    5% - legal costs
    5% - unexpected costs

    BitCanna Roadmap

    1
    2019 Q1
  • Continuous; expanding the BitCanna Alliance.
  • Testnet live- Alpha version
  • BitCanna presents itself at multiple major conferences
    • 2
    2019 Q2
  • Testnet launch – public Beta version
  • Launch world-wide marketing campaign.
  • End of the public sale
    • 3
    2019 Q3
  • Launch mainnet BitCanna v1.0.
  • Coin distribution.
  • Launch Lite Wallet, Node Wallet.
  • Launch BitCanna Business v1.0 (basic version containing online payment plugins).
  • Exchange listing.
    • 4
    2019 Q4
  • Launch BitCanna Mobile v1.0 (basic version containing the Mobile Wallet).
  • First webshops within the BitCanna Alliance will start accepting BCNA coins after the ICO.
  • Update BitCanna Business v1.0 .
  • Integration of hardware point-of-sale payment solution.
    • 5
    2020 Q1

    Update BitCanna Mobile with additional functionalities:

  • BitCanna Maps.
  • Database of cannabis dispensaries and strains.
    • 6
    2020 Q2

    Update BitCanna Mobile with additional functionalities:

  • Integration of the advertisement platform. Allows for direct advertising to customers based on geolocation.
    • 7
    2020 Q3
  • BitCanna v2.0 goes live. Integration with supply chain layer.
  • Launch of BitCanna Business v2.0.
  • Integration of supply chain monitoring which allows businesses to manage and audit their inventories.
    • 8
    2020 Q4
  • Launch BitCanna Mobile v2.0.
  • Integrate supply chain monitoring which allows customers to scan products, and find information like origin and quality of their desired products.
    • 9
    2021 Q1
  • BitCanna v3.0 goes live. Trust & reputation layer integrated with mainnet.
    • 10
    2021 Q2
  • Launch BitCanna Mobile v3.0.
  • Integration of customer reviews with blockchain-based integrity.
  • Integration of encrypted identity.

    • Project team

    Sardjoepersad (Boy) Ramsahai
    Sardjoepersad (Boy) Ramsahai
    FOUNDEr
    Jan Scheele
    Jan Scheele
    CEO
    Jan Scheele linkedin
    Paulo Ramos
    Paulo Ramos
    CTO
    Paulo Ramos linkedin
    Jakub Lewicki
    Jakub Lewicki
    CMO
    Jakub Lewicki linkedin
    Johan Deddens
    Johan Deddens
    BUSINESS PROCESS MANAGER
    Johan Deddens linkedin
    Tom Staal
    Tom Staal
    LEAD DESIGNER
    Tom Staal linkedin
    Lukas van der Zee
    Lukas van der Zee
    COMMUNITY ENGAGEMENT ADVISOR
    Lukas van der Zee linkedin
    Rob Cortjens
    Rob Cortjens
    CONTENT & STRATEGY
    Rob Cortjens linkedin
    Harvey Yard
    Harvey Yard
    UX/UI DESIGNER
    Harvey Yard linkedin
    Fransesc Carrasco
    Fransesc Carrasco
    ONLINE MANAGER
    Fransesc Carrasco linkedin
    Bernat Oliva
    Bernat Oliva
    AUDIO VISUAL
    Bernat Oliva linkedin
    Nazaret Díaz Ruiz
    Nazaret Díaz Ruiz
    BUSINESS DEVELOPMENT MANAGER
    Nazaret Díaz Ruiz linkedin
    Pol Puig Collderram
    Pol Puig Collderram
    SOCIAL MEDIA MANAGER
    Pol Puig Collderram linkedin
    Marina Teruel
    Marina Teruel
    GRAPHIC DESIGNER
    Marina Teruel linkedin
    Michael Gentle
    Michael Gentle
    COMMUNITY SUPPORt
    Hector Roger Pascual
    Hector Roger Pascual
    COMMUNITY SUPPORT
    Hector Roger Pascual linkedin
    Jules Verkuijlen
    Jules Verkuijlen
    COMMUNITY SUPPORt
    Marilu Lopez
    Marilu Lopez
    COMMUNITY SUPPORTAdvisors

    Advisors

    André Beckers
    André Beckers
    Legal Advisor
    Miguel Torres
    Miguel Torres
    Legal Advisor
    Willem-Jan Smits
    Willem-Jan Smits
    LEGAL COUNSEL
    Willem-Jan Smits linkedin
    Camiel Vermeulen
    Camiel Vermeulen
    LEGAL COUNSEL
    Camiel Vermeulen linkedin

    Social media

    BitCanna web-siteBitCanna MediumBitCannaYouTubeBitCanna TelegramBitCanna BTCTalkBitCanna LinkedInBitCanna TwitterBitCanna FacebookBitCanna Github

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